Brinker International Inc (EAT)
Debt-to-equity ratio
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 39,400 | -144,300 | -268,100 | -303,300 | -479,100 |
| Debt-to-equity ratio | 0.00 | — | — | — | — |
June 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $39,400K
= 0.00
The debt-to-equity ratio for Brinker International Inc was not available for the fiscal years ending on June 30, 2020, 2021, 2022, and 2023. However, as of June 30, 2024, the company reported a debt-to-equity ratio of 0.00. This indicates that the company had no debt in relation to its equity on that particular date. A debt-to-equity ratio of 0.00 suggests that the company primarily relies on equity financing rather than debt to fund its operations and growth. It implies a lower financial risk since there is no debt to service, but it may also signify potentially missed opportunities for leveraging debt to enhance returns. It is essential to assess the company's overall financial health and capital structure comprehensively in conjunction with other financial metrics to get a clearer picture of its financial position.
Peer comparison
Jun 30, 2024